Business

Investing in an actual business is much different than investing in real estate or stocks of a larger public company. Much of the wealth that citizens hold is built upon owning a small to medium size business. The size of the business is all relative to the location and genre of types of business you are involved in. Regardless of the size, running a business takes time, effort and a skill that not all people have.

Small business owners rely on hardworking and dedicated employees to help their businesses thrive. As a small business owner, you must find creative ways to show gratitude to your employees when there is not enough room in the budget for cash bonuses. Here are some ideas on how to reward employees on a budget. Throw an office party Annual office parties are a great way to show the entire office staff appreciation. A potluck is a great idea for each person to contribute without picking up the whole tab. The homemade touch of dishes can bring a new element to the gathering. [...]

The first few steps you take as a small business are crucial to establishing a solid business footing. Even though you’re small enough to experiment and make room for mistakes, you also put your company’s well-being at risk by making just a single error in your decisions. This can be pretty challenging considering that, as a small business unit, you are still in the process of setting up. A good amount of stamina and personal discipline is required to keep up with the demands of the business—especially when faced with the most common small business problems. According to a 2017 report by [...]

When entrepreneurs decide to launch startups, the primary goal is to grow rapidly and become a top brand in the market. However, most of these new businesses fall off within the first year because of mistakes made in the early stages of operations. Here is a closer look at some of these mistakes and how to avoid them. Failure to comprehensively study the market When you decide on the target market, the chances are that there are other operators already running similar businesses. Failure to study the market is like setting the business for failure. You are likely to go into the [...]

When technology moves at breakneck speed and the cult of busyness convinces us we won’t succeed unless we’re switched on 24/7, it’s easy to feel tired and tangled. And sometimes, routines become so ingrained that we automatically accept that they’re set in stone. But if you’re yearning for simplicity and serenity, there is hope. Recharge your batteries and revive your enthusiasm with five sweeping changes to declutter your brain and business. KonMari There’s no doubt that physically tidying your work or living space can quickly make you feel more calm and organised — as well as a whole lot more hygienic. But [...]

From the Great Barrier Reef to Sydney Opera House and Uluru, Australia’s blessed with an embarrassment of natural and cultural riches. So whether you’re a born and raised Aussie or just visiting for a while, it’s a pleasant territory to travel around. But it’s also a great place for commerce and entrepreneurship, with lots of eclectic opportunities to make connections. If you’re interested in business and pleasure Down Under, here are three top networking events. Top 3 Net working and Social Events in Australia Electronic Music Conference, Sydney Iconic landmarks like the Sydney Harbour Bridge and boho neighbourhoods like The Rocks mean [...]

My Journey to Millions

My Journey to Millions is an 8 year old personal finance blog focused on topics including basic personal finance issues, advanced insurance planning, high net worth estate planning. In addition, there is a particular focus on dividend growth investing and option trading.